Compute market / 3 dealsThe compute board
Who is paying whom for compute.
Capacity contracts, loans against chips, backstops, stakes, leases, chip supply, power and acquisitions. Every row is dated, says what kind of document it comes from, and links to it.
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 11 Mar 2026 | Nvidia invests ~$2B in Nebius via a pre-funded warrant for 21,065,936 shares; Nebius targets >5 GW of Nvidia systems by 2030CompletedPre-funded Class A warrant, exercise price $0.0001; six-month lock-up. Partnership covers AI factory design, inference software, early Vera Rubin adoption and fleet management. | Equity stake | $2B | 5,000 MW | Nebius 6-K, 2026-03-11Regulatory filing | |
| 27 Feb 2026 | Amazon agrees to invest $50B in OpenAI: $15B in the current round plus a $35B commitment tied to milestones or an IPOSignedSigned alongside the expanded AWS agreement (see openai-aws-expansion-2026-02). | Equity stake | $50B$15.0B of Series C preferred due 2026-03-31, plus a $35.0B equity commitment letter that lapses if not invested by 2028-12-31. | Amazon 8-K, 2026-02-27Regulatory filing | ||
| 26 Jan 2026 | Nvidia buys $2B of CoreWeave Class A stock at $87.20 per share; companies sign a 5 GW buildout frameworkCompleted22,935,780 shares in a private placement closed 2026-01-23. Collaboration framework to accelerate CoreWeave's buildout of more than 5 GW of AI factories by 2030 on Nvidia's platform. | Equity stake | $2B | 5,000 MW | CoreWeave 8-K, 2026-01-26Regulatory filing |
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